Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company at its meeting held today, the 13th May, 2017, inter-alia, have recommended a dividend of Rs. 3/- per share of the face value of Rs. 10/- each for the year ended 31st March, 2017, subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company.
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